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Country’s growth is expected to accelerate next fiscal: RBI governor

By Team Pardaphash 
Updated Date

Reserve Bank of India (RBI) Governor Urjit Patel has said the country’s growth is expected to accelerate next fiscal and sssertedg that the Indian economy turned in a resilient performance in 2017-18.

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Patel was addressing the International Monetary Finance Committee here yesterday. “The Indian economy turned in a resilient performance in 2017-18,” Patel said.

Although the real GDP growth was moderated to 6.6 per cent from 7.1 per cent a year ago, there was a strong rebound in the second half of the year on the back of a turnaround in investment demand, he said.

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